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Ref: MLSC1800954
Property marketed by The Property Group
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This bright apartment has been completely refurbished and is situated in the prestigious urbanization of Las Terrazas de Marbella Club on the Golden Mile of Marbella The property boasts 129 m2 of built space and an additional 20 m2 terrace, located on the first floor of the buildingUpon entering, you are greeted by a small hall that leads directly into the living area This open-plan space features a living-dining room seamlessly integrated with the modern kitchen, which is equipped with high-quality appliances This area offers direct access to the main terrace The bedrooms come with built-in wardrobes and the spacious master bedroom includes an en-suite bathroom and access to the terrace The other two bedrooms share a full bathroomThe apartment is filled with natural light and offers stunning views of the urbanization's gardens, as well as the sea and mountains Each room is fitted with large windows and air conditioning The refurbishment has been completed using top-quality materials, and the decor has been thoughtfully designedThe sale price includes two parking spaces The urbanization features 24-hour private security, a communal swimming pool, beautifully maintained gardens, a sauna, a gym, and panoramic views
Property Features
- 3 bedrooms
- 2 bathrooms
- 127m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
96,500€
Final Payment of 90% on completion
895,500€
Property Purchase Expenses
Property price
995,000€
Transfer tax 10%
99,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.